Why 2025 is poised to be a challenging year for the Federal Reserve
Thomas Hoenig, former Kansas City Fed president and George Mason University senior fellow, joins CNBC's 'Squawk on the Street ...
Why Morgan Stanley's Jim Lacamp says investors should 'be really careful' in 2025
Jim Lacamp, Morgan Stanley Wealth Management senior vice president, joins CNBC's 'Money Movers' to discuss his outlook on the ...
DOGE doubles down on eliminating the government agency that's cracking down on overdraft fees
Vivek Ramaswamy, a DOGE leader with Elon Musk, argued the Consumer Financial Protection Bureau is "un-American" after it ...
Dollar edges up on bets of US growth, inflation
The dollar edged higher on Thursday on expectations the currency would be boosted next year by policies by the incoming ...
Average rate on a 30-year mortgage climbs to 6.85%, highest since July, as bond yields keep rising
The average rate on a 30-year mortgage in the U.S. rose for the third straight week to its highest level since mid-July, ...
30-Year Mortgage Rates Hit 5-Month High-Water Mark
After ebbing slightly at the end of last week, 30-year mortgage rates surged to a five-month high. Rate movement was mixed ...
Refinance Rates Climb to Highest Level Since Late July
After yo-yo-ing in the low 7% range the previous two business days, 30-year refinancing rates rose again Tuesday. The current ...
US applications for unemployment benefits hold steady, but continuing claims rise to 3-year high
WASHINGTON — The number of Americans applying for unemployment benefits held steady last week, though continuing claims rose ...
Gold rises on safety demand as markets look to 2025 in holiday lull
Gold prices rose on Thursday, driven by safe-haven demand amid light trading volumes following the Christmas holiday, as ...
Wall Street slips as rising yields pressure some shares
Wall Street's main indexes drifted lower in light trading volumes on Thursday, as rising yields pressured some shares, while ...
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A tale of two economies: 2024 financial year in review
Although economists predicted 2024 could bring economic relief, many middle-class Americans continued to struggle ...
Federal reserve issues final rate cut of 2024, what's next?
The U.S. Federal Reserve has issued their final rate cut of 2024, saying that what happens next year will depend on the actions and policies of the incoming Trump administration. Some at the reserve ...